Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTF) (WKN: A41AGV) (the "Company" or "Adelayde") is pleased to announce that the Company has engaged New-Sense Geophysics Ltd. to assist on the planned work program on Adelayde's 100-percent owned 'George Lake South Antimony Project.' Work is expected to commence shortly. James Nelson, President of Adelayde stated, "We look forward to commencing work on our antimony project, located in the direct ...

U.S. EXIM's Board Advances Proposed $2.7 Billion Loan to Congressional Notice & Perpetua Announces Improved Project Economics Accessibility StatementSkip Navigation Updated Project Economics demonstrate Stibnite as a premier gold-antimony asset with base case after-tax NPV5% of $3.5 billion at $3,250/oz gold, increasing to $6.1 billion NPV5% at $4,500/oz gold1 Cash balance of $714 million at year-end together with proposed $2.2 billion direct loan, if approved, would fund all estimated direct capital co ...

Maxus Mining CEO Scott Walters joined Steve Darling from Proactive to discuss the company’s rapid growth and strategic focus on critical minerals exploration in British Columbia, with a particular emphasis on antimony. Formed in late 2024 with a clear mandate to target critical minerals, Maxus Mining has quickly assembled a substantial land package of approximately 37,000 acres. A significant portion of this portfolio is dedicated to antimony, now the company’s primary exploration focus. Walters emphasize ...

Financial Data and Key Metrics Changes - Consolidated revenue increased to $118 million, up 18% from $100 million in 2024, driven by higher silver production and strong realized prices [17] - Consolidated attributable silver production reached 2.65 million oz, with approximately 3.4 million oz of silver equivalent, including byproducts [17] - Net loss reported at $87 million or $0.33 per share in 2025, compared to a net loss of $49 million or $0.46 per share in 2024 [18] Business Line Data and Key Metrics Changes - Significant increase in silver production by 52% to 2.65 million oz, with record production of 1.2 million oz at Cosalá [4][5] - Galena achieved consistent productivity gains alongside major capital projects and integration of the Crescent Mine [5][10] - Transition to long hole stoping at Galena has shown a 200% improvement in mucking operations, moving around 200 tons of ore per shift [8][9] Market Data and Key Metrics Changes - Institutional ownership increased from 7% in late 2024 to over 65%, indicating strong market support [20] - Americas Gold and Silver added to the VanEck GDXJ and SIL ETFs, with increased analyst coverage [20] Company Strategy and Development Direction - Focus on strengthening U.S. critical minerals supply chains and expanding silver and antimony production [12][13] - Introduction of a formal 2026 production cost and capital guidance, expecting silver production of 3.2 million-3.6 million oz at an AISC of $30-$35 per ounce sold [13][15] - Major investments planned for infrastructure upgrades and operational improvements at Galena and Crescent [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future silver production growth as the Crescent Mine restarts and EC120 operations optimize [19] - The company is excited about the potential of new high-grade discoveries and the ongoing exploration program [11][21] - Management highlighted the importance of safety, achieving over 550,000 man-hours without lost time accidents [3] Other Important Information - The company launched its largest exploration program in history, with approximately 64,000 m of drilling planned across the Galena Complex [11] - A joint venture with United States Antimony was announced to build and operate a new antimony facility at the Galena Complex [12] Q&A Session Summary Question: Production guidance breakdown for Cosalá and Galena - Management provided a range of 2.2 million-2.6 million oz from Galena and 1.2 million-1.4 million oz from Mexico for 2026 [27][28] Question: Capital allocation split for the year - Total capital expenditures targeted between $90 million and $120 million, with $60 million-$80 million for growth and $30 million-$40 million for sustaining [33] Question: Update on Relief Canyon and antimony JV - An internal study on Relief Canyon is planned, while the antimony JV is progressing faster than expected [35][38] Question: 2026 guidance and production trajectory - Crescent will contribute a small amount to production in 2026, with a focus on extending vein systems [41][42] Question: New discoveries and their impact - The new 520 vein is under exploration, with potential for significant discoveries in the district [75]

Financial Data and Key Metrics Changes - Consolidated revenue increased to $118 million, up 18% from $100 million in 2024, driven by higher silver production and strong realized prices [17] - Consolidated attributable silver production reached 2.65 million ounces, with approximately 3.4 million ounces of silver equivalent, including byproducts [17] - Net loss reported at $87 million or $0.33 per share in 2025, compared to a net loss of $49 million or $0.46 per share in 2024 [18] Business Line Data and Key Metrics Changes - Significant increase in attributable silver production by 52% to 2.65 million ounces, with a record production year of 1.2 million ounces at Cosalá [4][17] - Galena achieved consistent productivity gains alongside major capital projects and integration of the newly acquired Crescent Mine [5][10] Market Data and Key Metrics Changes - Institutional ownership increased from 7% in late 2024 to over 65%, indicating strong market support [20] - Americas Gold and Silver added to the VanEck GDXJ and SIL ETFs, enhancing visibility and investor interest [20] Company Strategy and Development Direction - Focus on strengthening U.S. critical minerals supply chains and advancing operational improvements at Galena and Crescent [13][15] - Introduction of a formal 2026 production cost and capital guidance, expecting consolidated silver production of 3.2-3.6 million ounces [13][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future silver production growth as the company advances the restart of the Crescent Mine and optimizes the EC-120 mine at Cosalá [19] - The company is excited about the potential in antimony production and the ongoing exploration initiatives [12][19] Other Important Information - Major investments made into underground mining fleet and infrastructure upgrades, including the installation of modern fiber optic communication systems [9][91] - The company launched the largest exploration program in its history, planning approximately 64,000 meters of drilling across the Galena Complex [11] Q&A Session Summary Question: Production guidance breakdown for Cosalá and Galena - Management provided a range of 2.2-2.6 million ounces from Galena and 1.2-1.4 million ounces from Mexico for 2026 [27][28] Question: Capital allocation split for the year - Total capital expenditures targeted between $90 million and $120 million, with a significant portion allocated to Crescent [35] Question: Update on Relief Canyon and antimony JV - An internal study on Relief Canyon is planned, while the antimony JV is progressing faster than expected [37][40] Question: 2026 guidance and production trajectory - Crescent will contribute a small amount to production in 2026, with a focus on extending vein systems [43][44] Question: Discovery potential at El Alacrán - El Alacrán is a new discovery that could potentially feed into the milling center in the future [51][52] Question: Long hole stoping performance at Galena - Long hole stoping has been successfully implemented, with management focusing on optimizing drilling and blasting patterns [70][71]

Core Insights - Americas Gold and Silver Corporation reported significant operational and financial improvements for the year ended December 31, 2025, with a focus on growth and efficiency in its mining operations [4][6][11]. Financial Performance - Consolidated revenue increased to $118 million in 2025, an 18% rise from $100 million in 2024, driven by higher silver production and prices [6][22]. - Consolidated silver production reached approximately 2.65 million ounces, a 52% increase from 1.7 million ounces in 2024 [12][23]. - The company reported a net loss of $87.4 million for 2025, an improvement on a per-share basis compared to a net loss of $49.0 million in 2024 [6][12]. Operational Highlights - The Galena Complex in Idaho saw a 200% increase in muck moving productivity per shift due to new equipment and improved mining practices [5][16]. - The Galena Complex produced approximately 1.5 million ounces of silver in 2025, maintaining production levels despite operational upgrades [14][21]. - The Cosalá Operations achieved record silver production of approximately 1.2 million ounces, a 44% increase from 2024 [9][21]. Strategic Initiatives - The company completed the acquisition of the Crescent Mine in December 2025, enhancing its resource base and operational synergies [6][8]. - A senior secured term loan facility of up to $100 million was established to fund growth and development at the Galena Complex [8][11]. - A joint venture with U.S. Antimony was signed to construct a new antimony processing facility, aimed at maximizing the value of antimony produced at Galena [6][11]. Future Outlook - For 2026, the company expects consolidated silver production between 3.2 million and 3.6 million ounces, representing a 30% increase over 2025 [10][23]. - Capital expenditures are projected to be between $90 million and $120 million, with a significant portion allocated to growth initiatives [10][26]. - The largest exploration program in the company's history is planned for 2026, with approximately 64,000 meters to be drilled [27].

Core Insights - Americas Gold and Silver Corporation has reported significant increases in its silver mineral resources, with Measured and Indicated (M&I) resources rising by 10% to 115.7 million ounces and Inferred resources increasing by 15% to 133.3 million ounces, both figures net of mining depletions [1][9][11] Resource and Reserve Highlights - The updated M&I silver mineral resources at Galena increased by 19% to 87.9 million ounces, with grades improving by 21% to 500.9 g/t [11][12] - Proven and Probable reserves increased by 2% to 16.3 million ounces, with grades rising by 21% to 482.1 g/t [11][19][20] - At Cosalá, M&I silver resources decreased by 13% to 18.7 million ounces, while Inferred resources increased by 134% to 24.5 million ounces [14][15] Exploration Highlights - Major discoveries include the 520 Vein at the Coeur Mine, which has shown strong grades over 600 g/t silver, and the 034 and 149 Veins at the Galena Mine, with high-grade intercepts reported [6][7][11][12] - The company plans its largest exploration drilling campaign in history for 2026, with a budget of up to $20 million and 64,000 meters to be drilled across its properties [7][9] - The El Alacrán discovery, located 600 meters from the San Rafael mine, has intersected high-grade silver, gold, and copper, indicating significant potential for future mining operations [8][26] Consolidated Mineral Resource Summary - The updated consolidated silver mineral resource as of October 31, 2025, shows a total of 115.7 million ounces for M&I resources and 133.3 million ounces for Inferred resources, reflecting strong growth potential [9][11] - The Galena Complex continues to demonstrate its status as one of the highest-grade primary silver systems globally, with a long history of successful mining [5][11] Future Outlook - The company is optimistic about future growth, driven by a robust exploration budget and the potential for new discoveries to enhance operational flexibility and resource expansion [9][11][12]

Core Insights - Armory Mining Corp. has applied for membership in the Canadian Association of Defence and Security Industries (CADSI), aiming to align its strategic mineral portfolio with Canada's national security priorities [1][2][3] Group 1: Company Strategy - Membership in CADSI is part of the company's broader strategy to position its critical and strategic mineral portfolio within the evolving global defence and security landscape [2] - The company aims to engage with key industry organizations across North America to support secure and resilient supply chains [2] Group 2: Leadership Perspective - CEO Alex Klenman emphasized that successful membership in CADSI would align the company with national security priorities and the need for reliable domestic sources of critical minerals [3] - The CEO noted that geopolitical tensions are reshaping global supply chains, highlighting the importance of strategically sourced materials [3] Group 3: Membership Benefits - Membership in CADSI will provide Armory Mining access to industry forums, policy discussions, technical workshops, and strategic networking opportunities within Canada's defence and security ecosystem [3] - Participation will help the company stay informed on emerging procurement trends, regulatory developments, and partnership opportunities relevant to critical minerals essential for modern defence and national security infrastructure [3] Group 4: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defence sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and 100% interests in two antimony-gold projects in Canada [4]

Core Viewpoint - Alkane Resources Limited has secured a A$110 million Revolving Credit Facility and a A$40 million Contingent Instrument Facility to enhance liquidity and broaden banking relationships [1][2]. Financial Overview - The company repaid a $45 million project finance facility in August 2025, which has led to the execution of the new credit facilities [2]. - As of December 2025, Alkane reported $232 million in cash and bullion, indicating strong financial health [3]. Facility Details - The Revolving Credit Facility (RCF) is for general corporate purposes and is structured under a syndicated facilities agreement with major Australian banks [2][5]. - The RCF has a tenor of 3 years with options for two one-year extensions, subject to lender approval [5]. - The Contingent Instrument Facility (CIF) allows for cash backing performance guarantees to be returned to the company [2][3]. Operational Performance - Alkane's operations are performing strongly, with an upcoming production update expected for the March 2026 quarter [3]. - The company has three operating mines in Australia and Sweden, with ongoing exploration to enhance resource growth [7]. Strategic Positioning - The new facilities will enable Alkane to act quickly on emerging opportunities and strengthen relationships with tier-1 banks [3]. - The company is focused on developing organic growth projects across its operations [3].

Core Viewpoint - Maxus Mining Inc. has successfully acquired a 100% legal and beneficial interest in the Alturas West Property, enhancing its position in the antimony sector and allowing for full control over exploration and development activities [1][2][7]. Project Overview - The Alturas Antimony Project consists of two claim blocks, Alturas West and Alturas East, located in the historic Alps-Alturas antimony mine area within the Slocan Mining District [3]. - The project features a 1,300-meter mineralized corridor with quartz veins containing stibnite mineralization [3]. Historical Production - Historical production from the Alps-Alturas mine averaged approximately 57.2% antimony, with grades reaching up to 59.5% Sb [4]. Transaction Highlights - The completion of the acquisition fulfills all obligations under the Property Option Agreement with Eminence Minerals Ltd., securing full ownership of Alturas West [2][8]. - This milestone strengthens the company's strategic positioning in the antimony sector [7]. Next Steps - The company will focus on advancing exploration planning, including data integration, target refinement, and preparation for drilling programs [6][9]. - Full ownership allows for flexibility in advancing exploration, permitting, and development initiatives across the broader project [8]. Portfolio Overview - Maxus Mining's portfolio includes approximately 15,098 hectares of prospective terrain across British Columbia, with a significant focus on antimony projects [14]. - The flagship Alturas Antimony Project has reported high-grade naturally occurring antimony values, with recent discoveries showing grades up to 69.98% Sb [15].